On this week’s edition of Stock Talk with Joe Rabil, Joe shows an intraday trade setup in the SPY that took place this week. He uses the MACD and ADX in multiple timeframes to explain in detail how they can help with our entry and timing. He discusses the pros and cons of this trade and how the cons help to determine the trade management strategy. Joe then analyses the symbol requests that came through this week, including GOOGL, META, and more.
This video was originally published on October 26, 2023. Click this link to watch on YouTube.
Archived episodes of the show are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show. (Please do not leave Symbol Requests on this page.)
Don’t miss last week’s edition of the show, originally published October 19, 2023, where Joe shows a specific MACD/ADX scan to generate ideas. He also discusses some keys to understand the best way to use scans. He explains how to define the universe, understand the goal of the scan and how to be organized. Joe then analyses the symbols requests that came through that week, including LLY, SHOP, and more.